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Cost of Living in Trinidad And Tobago

Trinidad and Tobago are not on every person’s mind as a possible country of relocation, but still the climate there is great and there are some beautiful places to visit which attract people to come there and look for their luck.

The tropical weather makes rainforests perfect for hiking, you will be able to enjoy waterfall swimming and above all these, your salary would be enough to cover the rent and all the other expenses, while allowing you to experience all these beauties.

Restaurants

RESTAURANTS

The cost of alcoholic beverages is not so high, while meals are quite expensive when compared with other cities.

The least expensive meal for one person is about $6, and there are more luxurious restaurants where you can eat international and quality cuisine at the higher prices.

Markets

MARKETS

Purchasing local groceries at the markets or in supermarkets offering discounts would be of great benefit for your budget here.

However, have in mind that the items that are imported would add to the cost, as they can be hardly available and quite pricey.

Transportation

TRANSPORTATION

The cost of running a car here can be higher than using public transport.

When you move to the country, it is advisable to make use of buses as it would be easier and more efficient way of commuting here, besides being the least expensive either.

Utilities

UTILITIES (MONTHLY)

The utilities prices are affordable here, being that you will not need more than $60 for all the basic services.

When it comes to communication services such as the Internet connection fees, they are pretty high here, as the price is almost equal to the price of all the other services together.

Sports and leisure

SPORTS & LEISURE

Another cost that needs to be included is the recreational activities expense, and people who like doing them outdoors would save some money, while exercising indoors would cost you approximately $50 per month.

Although costs for these are on a par with most other countries, people in Trinidad and Tobago do not have too much money left to spend on them,

Clothing and shoes

CLOTHING & SHOES

Clothing and footwear, no matter if suits or casual clothes and shoes are in question, are less expensive in relation to other countries, but still not inexpensive.

People interested in buying designer items would need to devote pretty much money for it, while those who do not mind wearing non-branded clothing would save a lot.

Rent per month

RENT PER MONTH

Beautiful beaches and amazing scenery attract a lot of tourists here, and this affects the prices of rents.

However, they are not unreasonable and people with the average salaries will be able to afford them.

The larger your family is, the greater apartment would be necessary, which causes higher rents.

Cost of Living Averages Table for Trinidad And Tobago

Average Restaurant Prices
Meal (Inexpensive Restaurant) $ 5.91
Domestic Beer (0.5 Liter) $ 1.48
Water (0.33 Liter) $ 0.74
Average Market Prices
Milk (1 Liter) $ 6.84
Loaf Bread (500g) $ 1.63
Eggs (12) $ 3.26
Average Transport Prices
One Way Ticket $ 0.89
Monthly Pass $ 22.15
Gasoline $ 2.38
Average Utilities Prices
Basic (Water, Electricity, Garbage, Heating, Cooling) $ 54.67
1 min. of Prepaid Mobile Tariff Local $ 0.17
Internet (Unlimited Data, Cable/ADSL) $ 42.11
Average Leisure Prices
Fitness Club, Monthly Fee for 1 Adult $ 48.13
Tennis Court Rent (1 Hour) $ 8.95
Cinema, 1 Seat, International Release $ 7.38
Average Clothing Prices
1 Pair of Jeans (Levis 501 Or Comparable) $ 56.74
1 Summer Dress in a Chain Store (Zara, etc...) $ 39.45
1 Pair of Adidas Walking Shoes (Mid-Range) $ 87.46
Average Rent Prices
Apartment (1 bedroom) in City Center $ 527.93
Apartment (1 bedroom) Outside of Center $ 372.79
Apartment (3 bedrooms) in City Center $ 939.98

How Does the Average Person Spend Their Money in Trinidad And Tobago?

Not only that you will save pretty much if you decide to use the public transport system in Trinidad and Tobago, but also you will avoid the pretty bad traffic, especially during rush hour.

Another way of saving money is renting a smaller apartment, away from the main areas, if living in the city center is not what you prefer.

Food is expensive here, particularly if you buy imported goods, while utilities would not take you much money, considering the fact that the prices of the services are inexpensive.

13.6%
36.5%
11.7%
5.5%
6.6%
3.4%
22.8%
Restaurants
Markets
Transportation
Utilities (Monthly)
Sports & Leisure
Clothing & Shoes
Rent Per Month

Trinidad And Tobago: Average Salary, Minimum Wage & Mortgages

Before coming to Trinidad and Tobago, think about your daily life, possible expenses, spending habits and whether your future salary would be high enough to cover them all, and then make a plan accordingly.

Savvy people are able to organize their budget so well, that even with the average wages they manage to lead a decent living.

The average monthly salary is estimated to be sufficient when all the expenses are taken into consideration, while people who earn the minimum would struggle surviving there.

Average Salary$ 934.62
Minimum Wage$ 337.6
Mortgage Interest Rate6.49%

Cost of Living by City in Trinidad And Tobago

*Click the name of the city for more information.

City Cost of Living Index
Port of Spain 59.6

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